Eddie - you may be asking specifically about the S3 - but on my Artist Mix where the OLED labels don't update - changing a plugin parameter works correctly - and the label then seems to update to be correct.

S3:
This is a huge problem, so I really hope there will be a fix very soon.
I don’t know if it’s mentioned here, but after touching a fader and the volume is displayed, it do not return to normal view. To do that, I have to touch select.